청년미래적금 2차 가입 신청 16일까지…내년엔 기여금 15%로

Translation

The Financial Services Commission and the Korea Inclusive Finance Agency (서민금융진흥원) are taking applications for the second round of 청년미래적금 (Youth Future Savings) from October 7 to 16, excluding weekends and public holidays. You can apply through a participating bank's app without submitting any documents. Eligible applicants are young people aged 19 to 34 who meet the income and, for small business owners, sales requirements, and up to six years of military service are not counted when calculating age. Assuming an interest rate of 8%, if you put 500,000 won a month into the preferential type for three years, the 18 million won you paid in grows to 22.55 million won with a government contribution of 2.16 million won and interest of 2.39 million won. Results of the screening will be announced on November 12 and 13, and from November 16 to 27 you can open the account and start paying in. From next year the government contribution for the preferential type will rise from 12% to 15%, and if the budget is approved by the National Assembly, the higher rate will also apply retroactively to existing members.